Term Life Insurance Rates - The More You Know The More You Save

If you?re in the market for a term life insurance policy, here are a few money saving tips to help you keep the premiums down.
1. Buy when you are young healthy: Life insurance rates, although they contain fees, and a myriad of expenses, are primarily based upon the statistical chances of a person dying in a given year. Insurance companies use their own experience plus the statistical information collected by the government. The statistics are used to calculate the yearly ?cost of death? for each $1,000 of life insurance benefit. As people grow older, the chances of dying increase. At first the increase is slow up until middle age, and then the chance of death increases more rapidly. As the chance of death rise, so do the premiums.
2. Quit smoking:< View the rest of this article